Credit scores play an essential role in one’s financial well-being, especially when younger people intend to search for loans or credit cards; it is essential to monitor them regularly.
Bank of America provides its clients with easy instruments to access their credit scores easily. The information below will help you learn how to check your credit score with Bank of America using their website or mobile application.
How Does Bank of America Provide Access to Your Credit Score?
Bank of America provides customers access to their FICO® Score, a widely used credit scoring model. This score is updated regularly and is based on your credit report from one of the major credit bureaus. The score helps you understand where you stand in terms of creditworthiness.
Steps to Check Your Credit Score on Bank of America’s Website
To check your credit score via the Bank of America website, follow these steps:
- Log In to Your Account: Visit the Bank of America website and log in to your online banking account.
- Navigate to the Credit Score Section: Look for the “Credit Score” or “Credit Report” section in your account dashboard.
- View Your Score: Click the appropriate link to view your FICO® Score. You’ll also see factors influencing your score and tips for improvement.
Using the Bank of America Mobile App to View Your Credit Score
For mobile users, Bank of America’s app makes it easy to check your credit score:
Download the App: Ensure you install the Bank of America app on your smartphone.
Log In: Open the app and log in with your credentials.
Access Your Credit Score: Within the app, navigate to the “Credit Score” option. Here, you can view your current score and relevant insights.
Is Checking Your Credit Score with Bank of America Free?
Yes, checking your credit score through Bank of America is free for customers. There are no hidden fees or charges associated with accessing this valuable information.
How Frequently Can You Check Your Credit Score Through Bank of America?
You can check your FICO® Score as often as possible through Bank of America, as it’s free. However, it’s good to note that the score is updated regularly, so frequent checks might not reflect significant changes quickly.
Conclusion
The importance of monitoring one’s credit score cannot be overstated in cost allocation and planning. In addition, Bank of America provides easy access to your credit score online or through their mobile app free of charge. With the help of these facilities, you can keep a check on your credit status and take measures to improve it if necessary.
Read related blogs: 450 Credit Score Explained: Steps to Rebuild Your Credit
People Also Ask
Does Bank of America offer free credit scores?
Yes, Bank of America offers all its customers free access to your FICO Score.
How do I find my FICO score with Bank of America?
You can find your FICO score by logging into your Bank of America account on their website or mobile app and navigating to the credit score section.
Is checking my credit score with Bank of America a soft inquiry?
Yes, checking your credit score with Bank of America is considered a soft inquiry and does not affect your credit score.